MP Materials Elects Arnold W. Donald to Board
March 08 2023 - 5:22PM
Business Wire
MP Materials Corp. (NYSE: MP) announced today that Arnold W.
Donald has been elected to the company’s board of directors. Mr.
Donald brings decades of experience in corporate leadership and a
track record of value creation to MP Materials. He is the former
President and CEO of Carnival Corporation and currently serves as a
Director of Bank of America Corporation and Salesforce, Inc.
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Arnold W. Donald has been elected to the
board of directors of MP Materials Corp. (NYSE: MP), a U.S.
producer of rare earth materials vital to electrification and
advanced technology. (Photo: Business Wire)
“Arnold’s knowledge and passion will add depth to our board at a
critical time,” said MP Materials Chairman and CEO, James Litinsky.
“His extensive experience in strategic planning and global
operations will help us grow the company thoughtfully as we fulfill
our mission.”
“I am inspired by MP Materials’ mission and the potential to
diversify a supply chain vital to the global economy,” said Arnold
Donald. “Through innovation and an unwavering commitment to
sustainability, MP Materials has a tremendous opportunity to make a
positive impact.”
Mr. Donald served as President and CEO of Carnival Corporation
from 2013 to 2022, accumulating extensive experience in strategic
planning, risk management, and governance. During his tenure, he
helped Carnival achieve the highest profits in its history and
oversaw the successful return of Carnival’s fleet into service
following the COVID-19 pandemic. Mr. Donald was appointed CEO after
serving as a Director of Carnival Corporation and Carnival plc.
Earlier in his career, Mr. Donald served as CEO of The Executive
Leadership Council, The Juvenile Diabetes Research Foundation, and
Merisant. In addition, Mr. Donald held several senior leadership
positions with global responsibilities at Monsanto over a more than
20-year tenure, including President of its Agricultural Group and
President of its Nutrition and Consumer Sector.
Mr. Donald earned a B.A. in economics from Carleton College, a
B.S. in mechanical engineering from Washington University in St.
Louis, and an M.B.A. from The University of Chicago Booth School of
Business.
About MP Materials
MP Materials (NYSE: MP) produces specialty materials that are
vital inputs for electrification and other advanced technologies.
MP’s Mountain Pass facility is America’s only scaled rare earth
production source. The company is currently expanding its
manufacturing operations downstream to provide a full supply chain
solution from materials to magnetics. More information is available
at https://mpmaterials.com/.
Join the MP Materials community on Twitter, YouTube, Instagram
and LinkedIn.
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